PBN Fastest Growing Companies 2023
$75 million and above No. 4. Altus Dental Insurance Co.
CEO (or equivalent): Joseph Perroni, CEO and president
2022 revenue: $86.3 million
2020 revenue; $69 million
Revenue growth: 25.1%
SINCE COVID-19 ACCELLERATED a shift to telemedicine, it’s become an attractive benefit in dentistry. Michelle Muscatello, vice president, communications and external affairs at Altus Dental Insurance Co., points to teledentistry and its convenience for policy holders as a reason for the company’s healthy growth despite the pandemic.
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Last year, Altus revenue topped out at $86.3 million and climbed 25.1% in 2022 compared with 2020.
Since launching in 2001, the Providence-based subsidiary of Delta Dental of Rhode Island has grown to more than 220,000 members through Massachusetts, Rhode Island and southern New Hampshire and delivers “affordable, flexible, comprehensive dental benefits,” Muscatello said via email.
Muscatello also nods to other enhanced benefits that bolstered company strength, including an expansion into the vision market, in partnership with VSP Vision Care. The company continues to focus on essential products, with careful attention to customer service.
“Altus also maintained staffing levels during this challenging time, and provided relief to providers,” she said.
